Cost of Living in Grant County, Oklahoma
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Grant County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Grant County ranks #723 of 3,142 counties for affordability (top 23%)
Sourced county brief
Grant County homeowner costs and rental estimates
Median selected monthly owner costs in Grant County were estimated at $529, which is $226 below the Oklahoma unweighted county mean of $755. The median home value was $105,700, also below the state unweighted county mean of $152,013. For the rental market, the median gross rent is $853 per month, exceeding the state unweighted county mean of $839. The official rentToIncomePct, based on ACS B25071 GRAPI, was estimated at 22.3%. This is 4.3 percentage points below the Oklahoma unweighted county mean for official GRAPI of 26.6%. Renter-household median income was reported at $47,708. The data presented here is from the 2020-2024 American Community Survey 5-Year Estimates and describes housing tenure groups independently without providing financial advice. See ACS table B25088 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Grant County
Affordability Verdict
ACS B25071 estimates median gross rent at 22.3% of renter household income in Grant County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $853 per month; median selected monthly owner costs are $529. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $34,120 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Oklahoma unweighted mean of county median rents is $839 per month. Grant County's $853 median is 1.7% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Grant County
Rent Burden
16.8%
of gross income
Max Housing (28% Rule)
$1,418
per month
Owner Cost Burden
10.4%
of gross income
You can likely afford the median home in Grant County
Median home value is $105,700. Estimated monthly cost: $844 vs. your max of $1,418.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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